Lennar Corp. is set to face the first public test of its grand vision for Anaheim’s Platinum Triangle when it goes before the city’s Planning Commission on Wednesday.
Not a very hard test, since the Miami-based homebuilder is likely to get a warm reception.
Several commissioners last week expressed strong support for housing in the commercial district. Some said the area near Angel Stadium is the best place for condominium high-rises,a cornerstone of Lennar’s plans.
“We want to see high-rise development,” said Kelly Buffa, a planning commissioner. “I hope Lennar is bringing forward a great project.”
The homebuilder, which has regional offices in Aliso Viejo, is betting heavily on the Platinum Triangle. Industry sources said it’s paid more than $4 million an acre for land and has acquired about 60 acres.
Lennar officials were unavailable for comment last week.
On Wednesday, Lennar is set to discuss plans for a key site between Katella Avenue and Gene Autry Way, where it plans 2,681 condos and apartments. The plan also calls for 150,000 square feet of shops and offices along a proposed central street, dubbed Market Street.
For more on this story, see the Sept. 5 edition of the Business Journal.
